PPD Expansion to Bring 190 New Jobs to Henrico
PPD, Inc., a global contract research organization providing drug discovery, development and lifecycle management services, announced today that it plans to invest $28 million to expand its Lab Services Division in Henrico County during the next three years, creating an estimated 190 new jobs during that time. The operation provides research and development services and clinical trial services for drug development.
“This major expansion will continue to position PPD as a strong player in the life sciences industry, a target industry for Henrico County, the Greater Richmond region and the Commonwealth of Virginia," said Virginia Governor Bob McDonnell. "Not only will the company create 190 new jobs, the average salary for those jobs will be higher than the prevailing average wage for the region. I look forward to PPD’s continued success in Virginia.”
“PPD chose to expand at its Henrico County facility due to the quality of the current employees and the skilled workforce available in the region,” said Jim Cheng, Virginia secretary of Commerce and Trade. “With this significant investment and new job creation, PPD ensures that its future business prospects are bright and further growth is likely.”
PPD's clients and partners include pharmaceutical, biotechnology, medical device, academic and government organizations. With offices in 42 countries and more than 10,500 professionals worldwide, PPD applies innovative technologies, therapeutic expertise and a commitment to quality to help clients and partners accelerate the delivery of safe and effective therapeutics and maximize the returns on their R&D investments. The company's worldwide headquarters are in Wilmington, N.C.
The Virginia Economic Development Partnership worked with Henrico County to secure the project for Virginia. McDonnell approved a $150,000 grant from the Governor’s Opportunity Fund to assist Henrico County with the project. The Governor also approved $500,000 in a performance-based grant from the Virginia Investment Partnership (VIP) program, an incentive available to existing Virginia companies.
“PPD’s decision to establish their Dabney Road facility as a ‘Center of Excellence’ and add 190 professional jobs is wonderful news,” said Patricia S. O’Bannon, Chairman of Henrico Board of Supervisors. “In such a competitive economic environment, this announcement confirms that Henrico County offers a high-quality workforce and a pro-business climate in a community with the quality of life necessary to attract talent from anywhere in the world.”
The Varina Ruritan Club celebrated its 80th anniversary with a banquet Nov. 10, during which it presented several annual awards, including Policeman of the Year – to Henrico Officer Aaron M. Lancaster (top) – and Firefighter of the Year – to Julian T. Lipscomb (second from top).
The club also received a plaque from the Henrico Division of Fire (third from top) expressing the division's appreciation for the club and its support of fire prevention programs. > Read more.
The grand opening of The Rink outdoor ice skating rink at West Broad Village will be held Saturday, Nov. 14, beginning at 11 a.m. with skating and family activities. At 4 p.m., grand opening festivities – featuring exhibitions of ice sculpting, ice skating and cheering, as well as fire pits, costumed characters, and food vendors – will begin. Skating costs are $8 for children and $10 for adults, with $4 skate rentals available. Parking is free. The Rink is located at 3939 Duckling Drive, Glen Allen. For details, visit http://www.Facebook.com/TheRinkWBV > Read more.
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CalendarJoin the Richmond Chapter of the Virginia Tech Alumni Association for a social and presentation by Dr. James “Bud” Robertson at 6 p.m. at Dominion Innsbrook Technical Center. The “Writing… Full text